Final answer:
The 4 basics to keep in mind when using the intellectual property of others are: is this creation inspiring something new, is the original source your competition, acknowledging the author does not make your use fair, and the more you use, the less likely it is to be fair use.
Step-by-step explanation:
The 4 basics to keep in mind when using the intellectual property of others are:
- Is this creation inspiring something new? When using someone else's intellectual property, it is important to ensure that your use is adding value and creating something unique.
- Is the original source your competition? If the original source is your direct competitor, it may not be wise to use their intellectual property in a way that benefits your own business.
- Acknowledging the author does not make your use fair. Simply giving credit to the author of the intellectual property does not automatically make your use fair. You still need to consider other factors such as the purpose and nature of your use.
- The more you use, the less likely it is to be fair use. The extent to which you use someone else's intellectual property also plays a role in determining whether it qualifies as fair use.